Venture capital firm Ribbit Capital, whose portfolio includes Coinbase and Robinhood, is planning to raise $420 million for its latest fund.

U.S.-based venture capital firm Ribbit Capital, the portfolio of which includes notable cryptocurrency and blockchain projects, is aiming to raise $420 million for its latest fund, according to an SEC filing dated September 12.

The fund will reportedly be the fifth venture of Ribbit with limited partners, while the $420 million figure is a “nominal increase” from the $300 million the company attracted last year.

Founded in 2012, Ribbit’s portfolio is marked by cooperation with such industry leaders as cryptocurrency exchangeCoinbase, zero-fee stock and crypto trading platform Robinhood, finance company Credit Karma, and automotive insurance platform Root Insurance.

Ribbit Capital has also invested in Andreessen Horowitz, Battery Ventures, and Cross River Bank, which according to TechCrunch provides the “sole link” between many fintech companies and regulated financial institutions.

In April, U.K.-based alternative banking app Revolut raised $250 million in a Series C investment round led by Ribbit Capital, along with two other venture capital firms DST Global and Index Ventures. The raised money gave the company an overall $1.7 billion valuation and thus making them a “unicorn” – a startup with over a $1 billion valuation.

Robinhood began offering trading services for digital currencies in February, having raised $363 million in a series D funding round and $110 million in a series C round. Following the funding rounds, Robinhood was valued at $5.6 billion, making it the second most valuable fintech startup in the U.S.

Coinbase, which was founded in 2012, has since grown to be a leader among crypto exchanges and wallet services in the U.S. This year, Coinbase extended its services when it launched Coinbase Pro, and evolution of GDAX that is geared towards individual traders. Recently, the exchange opened trading for four cryptocurrency pairs with the U.K pound sterling.

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